1626 Pine Avenue Long Beach, CA $ 2,900,000
1626 Pine Avenue
$ 2,900,000
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1626 Pine Avenue

Long Beach, CA, 90813
$ 2,900,000
Baths1.0 Sq 7,780

Monthly Estimate*

$ 17,856

Listed by Lyon Stahl Investment Real Estate, Inc.
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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,900,000 with 1 full bath. This 7,780 square foot home was built in 1963 on a lot size of 0.172.

Renovated and current 6.99% Cap and 9.57 GRM with ADU potential! 1626 Pine Ave, Long Beach is the ideal investment opportunity for anyone looking for great cash-flow and low maintenance. All units are renovated with new floors, appliances, and fixtures. Once all units are rented at market and ADUs are built out, the property will operate at a 7.79% Cap and 8.81 GRM. The property is comprised of (12) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units. 1626 Pine Ave has 10 parking spaces on site and collects $500/month in parking income. Additionally, the property collects $200/month in laundry. Beneficial for the new owner, the property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

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Multi-Family Active

Price

$ 2,900,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.172

Year Built

1963

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26013773

Days on Market

3

Features
General
Sewer Public Sewer
Heating Radiant
Garage Spaces 7
Pool Features None
Year Built 1963
Property Subtype Apartment
Gross Income 293991
Community Features Park Suburban
County Los Angeles
Net Operating Income 202747
Operating Expense 91244
Insurance Expense 9725
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South of PCH HYW & E of Pacific Ave
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 14
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7492
Number of Units Leased 12
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 24557
Property Sub Type Additional Apartment
Expected Active Date 2026-01-21
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Door-Single Garage Faces Front Garage Garage Faces Rear
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 7
Lot Size Area 7492
Number of Buildings 1
Building Area Total 7780
Lot Size Acres 0.172
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 15
Number of Separate Gas Meters 14
Number of Separate Electric Meters 15
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

cameron@lyonstahl.com

Email

Affordability Calculator

$17,856
Per Month
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Monthly Principal & Interest
$17,856
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$2,900,000 Listed Price

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1626 Pine Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,900,000 with 7,780 sqft and a lot size of 0.172. 1626 Pine Avenue is a studio with 1.0 baths and was built in 1963. The property's zip code is 90813 which is in Long Beach, CA